Property Abroad

Montenegro

Budva

Rafailovici

Flat

Flat 230 м² in Rafailovici, Montenegro

554 039 $

2 408 $ /м²

4Og8F

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #1

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #2

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #3

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #4

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #5

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #6

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #7

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #8

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #9

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #10

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #11

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #12

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #13

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #14

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #15

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #16

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #17

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #18

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #19

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #20

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #21

Flat 230m² in Montenegro, Rafailovici. Priced at 475000€ rent photo- #22

Area

230 м²

Bedrooms

Bathrooms

Apartment in Budva. The city is Rafailovići.

Luxury penthouse on the first line of the sea in the pos. Rafailovichi is an ideal option for a family holiday. Within walking distance all the necessary infrastructure - restaurants, cafes, bakeries, shops, beaches.

Structure: 3 bedrooms, living room, dining room, kitchen, three bathrooms, laundry, pantry, terrace.
The penthouse is equipped with quality furniture and appliances.

The price is down from 600,000!

Services and facilities

Furniture

Additional details

Property type

Residential Properties

Object type

Flat

Price

554 039 $

Land area

Characteristics

Furniture

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Rafailovici; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Rafailovici short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (554 039 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Rafailovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).